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Nintendo Labo taps player creativity

The markets traded mixed during the midday with the Dow falling 55 points to 26,060. Nasdaq gained 11 points to 7309.


Nintendo introduced the Labo cardboard accessory kit for its popular Switch that transforms the gaming system into fishing rods, pianos and houses. Users assemble the accessories then play interactively with the Toy-Cons. While the Labo, which releases on April 20, is aimed at younger players, adults have embraced the do-it-yourself creativity of the Toy-Con.


Amazon has narrowed the list of potential locations of its second corporate headquarters to twenty cities across the country from Boston and New York City on the east coast to Columbus, Ohio and Indianapolis in the midwest, Nashville and Raleigh, North Carolina in the south and Los Angeles on the west coast. The online retailer will work with officials from each site to explore the feasibility of building a new campus and creating 50,000 jobs. The final location will be announced later this year.


Qualcomm's proposed $38 billion acquisition of NXP Semiconductors has been approved by European Union antitrust regulators subject to certain concessions. Qualcomm has agreed to offer licenses for NXP's MIFARE at current terms and rates for the next eight years. NXP's NFC patents will be transferred to a third party that will offer patent licenses for three years with no royalty fees.


In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 edged up a fraction to 2,803. Bitcoin soared $548 to $11,660.


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